hey,I am currently learning more about creative financing and was wondering what happens after the deal is final. I understand we pay the seller for the set amount of time stated in the contract but during that time a...
Hi,I have numerous rentals and rehab them as an owner /builder and do a lot of the work myself but also hire out some of the work. To protect myself I am thinking about making an LLC only for operating the rehabs and ...
Not sure if anyone work in an insurance company or have experience making claims on insurance. I currently own a 2 family house which started as owner occupied insurance coverage (HO-3) but I moved out of the house a...
Standard Purchase and Sale Agreement This agreement is made this ________day of _____________________, 20______ between Seller(s)_______________________________________________________ and Buyer(s)____________________...
Hello BP family!Okay so Google, nor the internet thus far has been my friend. Can someone please explain to me who is responsible for paying the second mortgage if I purchased a home that has a second mortgage on it a...
Hello, I have started marketing pre-Foreclosures in the Sacramento, Ca area. Is there any experienced investors in Sacramento or Northern Ca that are investing in this area? Thank you!
Hello BP Community -There is a lot of talk on BP about single family home rehabs but I am curious to know if people have had success in the condo arena. Pros and cons? Strategies? etc.
Here's the situation. . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...
Over a month ago, there was a house that caught fire which extended to my rental property. It only effected the siding of the house with some electrical damage. Also, the door got busted in by the fire dept. The ho...
Good afternoon,My business partner and I have an LLC that plans to borrow money from a friend to rehab a house and return it upon closing. We have a contract. Do we need to get or file any paperwork with fed or state...